Last €2.08 EUR
Change Today +0.012 / 0.58%
Volume 401.2K
SRN On Other Exchanges
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As of 10:50 AM 07/30/14 All times are local (Market data is delayed by at least 15 minutes).

sorin spa (SRN) Snapshot

Open
€2.06
Previous Close
€2.07
Day High
€2.10
Day Low
€2.06
52 Week High
05/6/14 - €2.35
52 Week Low
11/15/13 - €1.91
Market Cap
996.7M
Average Volume 10 Days
507.3K
EPS TTM
€0.10
Shares Outstanding
478.7M
EX-Date
--
P/E TM
20.0x
Dividend
--
Dividend Yield
--
Current Stock Chart for SORIN SPA (SRN)

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sorin spa (SRN) Details

Sorin S.p.A. develops, produces, and distributes medical devices for cardiac surgery and for the treatment of cardiac rhythm dysfunctions. It offers disposable biomedical devices and systems, including heart-lung machines; cardiopulmonary systems, such as oxygenators and custom packs; autotransfusion systems and disposables; perfusion tubing systems; cannulae; and endoscopic vessel harvesting systems for extracorporeal circulation during surgery. The company also provides mechanical heart valves, tissue heart valves, self-anchoring tissue heart valves, and annuloplasty rings to replace or repair dysfunctional heart valves or treat congenital diseases. In addition, it offers implantable devices, monitoring systems, and accessories to treat cardiac rhythm dysfunctions that comprise pacemakers, implantable defibrillators, systems to treat heart failure (CRT-D), programmers, electrodes, electrophysiology leads, and Holter monitors; and disposable medical devices for urology, urodynamics, heart surgery, and haemodialysis. The company sells its products worldwide primarily under the Sorin Biomedica, Dideco, Stöckert, Cobe Cardiovascular, Ela Medical, and Carbomedics brand names. Sorin S.p.A. was founded in 2004 and is headquartered in Milan, Italy.

3,781 Employees
Last Reported Date: 04/29/14
Founded in 2004

sorin spa (SRN) Top Compensated Officers

Chief Executive Officer, Director and Member ...
Total Annual Compensation: €789.0K
Chairman, President and Chairman of Executive...
Total Annual Compensation: €629.0K
Compensation as of Fiscal Year 2013.

sorin spa (SRN) Key Developments

Sorin Group Announces FDA Approval of Solo Smart Aortic Pericardial Heart Valve

Sorin Group announced that it received U.S. Food and Drug Administration (FDA) approval for the Solo Smart(TM) Aortic Pericardial Heart Valve. Solo Smart is the first valve with a removable stent to be approved in the US market. Designed from bovine pericardium, the valve is fully biological with no synthetic material added. This unique bioprosthesis mimics the healthy native aortic valve in order to preserve the aortic root physiology. By perfectly aligning to the patient's annulus with a 100% orifice-to-annulus ratio, Solo Smart maximizes blood flow and delivers excellent hemodynamic performance.

Sorin Group Announces Results of ANSWER Clinical Study

Sorin Group announced the results of the ANSWER clinical study. Previous studies have shown that unnecessary right ventricular pacing (Vp) has a detrimental effect on the hemodynamic function of the pacemaker patient's heart. The ANSWER study evaluated whether the minimization of Vp using the SafeR algorithm improves clinical outcomes for dual chamber pacemaker (PM) patients implanted for sinus node disease (SND) or for atrio-ventricular block (AVB). The percentage of Vp at one-year follow-up, the first primary endpoint, was significantly reduced in SafeR mode compared to a standard dual chamber pacing (DDD) mode (4.8% vs. 95.4%, p<0.001). This reduction was maintained after three years (11.5% vs. 93.6%, p<0.001). SafeR significantly reduced Vp in SND patients as well as in AVB patients without generating additional adverse events. The second primary endpoint, the number of patients hospitalized for atrial fibrillation (AF) or heart failure (HF), was not significantly different between the two groups (p=0.33). Nevertheless, the ANSWER study showed a significant reduction of HF events; the SafeR mode provided a 51% relative risk reduction of cardiac death or HF hospitalization (p=0.02).

Sorin SpA, H1 2014 Earnings Call, Jul 30, 2014

Sorin SpA, H1 2014 Earnings Call, Jul 30, 2014

 

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